Home Values

Central City Home Prices & Values

Zillow Home Value Index

The Zillow Home Value Index is the median Zestimate valuation for a given geographic area on a given day. Learn more

$101,600

  • 15.7% 1-year change
  • 5.0% 1-year forecast

Market Temperature

Based on three metrics—sale-to-list price ratio, the prevalence of price cuts on home listings, and time-on-market—the market temperature provides information on the current balance of bargaining power between buyers and sellers in this neighborhood relative to other neighborhoods in the same metropolitan area. A particular neighborhood may be identified as a good market for buyers in a metro market favorable to sellers overall. Learn more

Neutral

Buyers' Market
Sellers' Market

The median home value in Central City is $101,600. Central City home values have gone up 15.7% over the past year and Zillow predicts they will rise 5.0% within the next year. The median list price per square foot in Central City is None. The median rent price in Central City is $987, which is lower than the Phoenix median of $1,100.

Foreclosures will be a factor impacting home values in the next several years. In Central City 4.3 homes are foreclosed (per 10,000). This is greater than the Phoenix value of 3.5 and also greater than the national value of 3.5

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Relative ZHVI
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Central City Market Overview

Data through May 31, 2015
  • $101,600 ZHVI
  • 5.0% 1-yr forecast
    The Zillow Home Value Forecast is Zillow's prediction of what the Zillow Home Value Index will be one year from now. Learn more
    (May 31, 2016)
  • No data Median listing price
  • $146,035 Median sale price
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Central City Market Health

Data through May 31, 2015
  • No recent data Stable
  • No data Average days on Zillow
  • No data Homes with negative equity (15.4% US Avg)
  • No data Delinquent on mortgage (6.0% US Avg)

Homes foreclosed (per 10,000)

4.3 homes Central City
3.5 homes Phoenix
3.5 homes United States
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Nearby Neighborhoods

Name Median ZHVI
Camelback East $228,900
Holdeman $179,200
Gililland $179,100
Name Median ZHVI
Alahambra $114,800
South Mountain $114,100
 

Listings & Sales

Data through May 31, 2015
  • No recent data Median list price / sq ft
  • $142 Median sale price / sq ft
  • No data Listings with price cut
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Central City Rentals

Data through May 31, 2015
  • Zillow Rent Index

  • $983 Central City
    $1,185 Phoenix
    $1,367 United States

    The Zillow Rent Index is the median Rent Zestimate valuation for a given geographic area on a given day. Learn more

  • 1.2 Breakeven horizon
    The breakeven horizon is the number of years after which buying is more financially advantageous than renting. Learn more
    (Dec 31, 2014)
  • $987 Rent list price
  • $1.09 Rent list price / sq ft
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